In 2024, Suzhou Maxwell Technologies disclosed key data related to its energy management practices, providing transparency into its operational energy use in line with recognized sustainability reporting frameworks.
Suzhou Maxwell Technologies also reported the energy it generates itself, offering insight into its level of energy independence.
Additionally, Suzhou Maxwell Technologies also disclosed progress toward renewable energy adoption, highlighting the share of total energy sourced from renewable versus non-renewable sources.
| Metric (GJ) | 2024 | 2023 | 2022 | 2021-2019 |
|---|---|---|---|---|
Total Energy Consumption | 246,683a | 211,554a | 104,515a | |
Non-Renewable Energy Consumption | 225,174a | 205,401a | 98,107a | |
Renewable Energy Consumption | 21,509a | 6,153a | 6,408a | |
Total Energy Production | 21,509a | N/A | N/A | |
Renewable Energy Production | 21,509a | 6,153a | 6,408a |
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In 2024, Suzhou Maxwell Technologies consumed a total of 246,683.1 Gigajoules of energy across its operations. Of this total, 8.72% was sourced from renewable energy, either derived from natural resources like biofuels, biomass, or biogas, or generated using renewable technologies such as solar or wind power. The remaining 91.28% was classified as non-renewable energy, coming from fossil-based fuels such as coal, natural gas, or crude oil, or from non-renewable generation technologies like nuclear power.a
In 2024, Suzhou Maxwell Technologies consumed a total of 246,683.1 Gigajoules of energy, of which 8.72% was derived from renewable sources, including biofuels, biomass, biogas, solar, and wind power.a
This low level of renewable energy use highlights a heavy reliance on fossil fuels or other non-renewable sources, suggesting that Suzhou Maxwell Technologies has considerable room to improve its energy sustainability strategy.
Since 2022, Suzhou Maxwell Technologies's total energy consumption increased by 136.03%, including a 16.61% increase in 2024, reflecting a sustained rise in overall energy demand.a
Over the same period, the share of renewable energy in Suzhou Maxwell Technologies's consumption increased by 42.22%, including a 199.79% increase in 2024, showing consistent progress in clean energy adoption.a
Overall, Suzhou Maxwell Technologies has seen rising energy demand, but has also made strong and consistent progress in increasing its reliance on renewable energy—mitigating the environmental impact of its growing consumption.